Chartered Accountant · ICAI M.No. 153926 · FRN 136869W
Two cost components
The yearly cost of keeping a company compliant splits into statutory government fees — the MCA filing fees for AOC-4, MGT-7 and others, which are modest and scale with authorised capital — and professional fees for preparing the accounts, the statutory audit, and filing the forms and the income-tax return.
What drives the professional fee
The professional component varies with how active the company is — transaction volume, number of bank accounts, payroll, GST, and whether a tax audit applies. A dormant company with few entries is cheap to maintain; a busy trading company needs more bookkeeping and audit work. Because it’s case-specific, ask for a written estimate rather than a generic figure.
A worked example
Example: a dormant Private Limited company’s yearly compliance is mostly the audit and a handful of filings — a small, predictable cost. An operating company with staff, GST and hundreds of transactions costs more, because the bookkeeping and audit are heavier. Budgeting for this from incorporation avoids surprises. Our team can give an estimate for your specific company.